mgsph limited
mgsph limited Company Information
Company Number
09088848
Next Accounts
Jan 2025
Industry
Other retail sale of food in specialised stores
Directors
Shareholders
rnt (uk) ltd
Group Structure
View All
Contact
Registered Address
38 de montfort street, leicester, leicestershire, LE1 7GS
Website
-mgsph limited Estimated Valuation
Pomanda estimates the enterprise value of MGSPH LIMITED at £229.5k based on a Turnover of £715.7k and 0.32x industry multiple (adjusted for size and gross margin).
mgsph limited Estimated Valuation
Pomanda estimates the enterprise value of MGSPH LIMITED at £0 based on an EBITDA of £-49.9k and a 3.55x industry multiple (adjusted for size and gross margin).
mgsph limited Estimated Valuation
Pomanda estimates the enterprise value of MGSPH LIMITED at £0 based on Net Assets of £-534.2k and 2.28x industry multiple (adjusted for liquidity).
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Mgsph Limited Overview
Mgsph Limited is a dissolved company that was located in leicestershire, LE1 7GS with a Companies House number of 09088848. It operated in the other retail sale of food in specialised stores sector, SIC Code 47290. Founded in June 2014, it's largest shareholder was rnt (uk) ltd with a 100% stake. The last turnover for Mgsph Limited was estimated at £715.7k.
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Mgsph Limited Health Check
Pomanda's financial health check has awarded Mgsph Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
5 Weak
Size
annual sales of £715.7k, make it in line with the average company (£871.2k)
- Mgsph Limited
£871.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -25%, show it is growing at a slower rate (5%)
- Mgsph Limited
5% - Industry AVG
Production
with a gross margin of 32.7%, this company has a comparable cost of product (32.7%)
- Mgsph Limited
32.7% - Industry AVG
Profitability
an operating margin of -14.9% make it less profitable than the average company (3.2%)
- Mgsph Limited
3.2% - Industry AVG
Employees
with 8 employees, this is below the industry average (53)
- Mgsph Limited
53 - Industry AVG
Pay Structure
on an average salary of £18.5k, the company has an equivalent pay structure (£18.5k)
- Mgsph Limited
£18.5k - Industry AVG
Efficiency
resulting in sales per employee of £89.5k, this is equally as efficient (£94.8k)
- Mgsph Limited
£94.8k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (16 days)
- Mgsph Limited
16 days - Industry AVG
Creditor Days
its suppliers are paid after 132 days, this is slower than average (30 days)
- Mgsph Limited
30 days - Industry AVG
Stock Days
it holds stock equivalent to 15 days, this is less than average (23 days)
- Mgsph Limited
23 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - Mgsph Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 223.7%, this is a higher level of debt than the average (73.3%)
223.7% - Mgsph Limited
73.3% - Industry AVG
MGSPH LIMITED financials
Mgsph Limited's latest turnover from March 2018 is estimated at £715.7 thousand and the company has net assets of -£534.2 thousand. According to their latest financial statements, we estimate that Mgsph Limited has 8 employees and maintains cash reserves of £400 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2018 | Mar 2017 | Jun 2016 | Jun 2015 | |
|---|---|---|---|---|
| Turnover | ||||
| Other Income Or Grants | ||||
| Cost Of Sales | ||||
| Gross Profit | ||||
| Admin Expenses | ||||
| Operating Profit | ||||
| Interest Payable | ||||
| Interest Receivable | ||||
| Pre-Tax Profit | ||||
| Tax | ||||
| Profit After Tax | ||||
| Dividends Paid | ||||
| Retained Profit | ||||
| Employee Costs | ||||
| Number Of Employees | 68 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2018 | Mar 2017 | Jun 2016 | Jun 2015 | |
|---|---|---|---|---|
| Tangible Assets | 321,444 | 378,170 | 475,757 | 162,178 |
| Intangible Assets | 4,625 | 4,750 | 4,875 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 326,069 | 382,920 | 480,632 | 162,178 |
| Stock & work in progress | 20,050 | 17,067 | 27,000 | 2,806 |
| Trade Debtors | 17,175 | 0 | 9,900 | 84,656 |
| Group Debtors | 47,220 | 52,600 | 82,639 | 0 |
| Misc Debtors | 20,803 | 16,993 | 5,520 | 0 |
| Cash | 400 | 186 | 3,627 | 14,986 |
| misc current assets | 0 | 0 | 0 | 8,836 |
| total current assets | 105,648 | 86,846 | 128,686 | 111,284 |
| total assets | 431,717 | 469,766 | 609,318 | 273,462 |
| Bank overdraft | 68,938 | 63,938 | 26,701 | 0 |
| Bank loan | 0 | 0 | 59,850 | 0 |
| Trade Creditors | 174,768 | 167,468 | 190,392 | 115,291 |
| Group/Directors Accounts | 52,921 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| other current liabilities | 150,050 | 115,782 | 36,254 | 0 |
| total current liabilities | 446,677 | 347,188 | 313,197 | 115,291 |
| loans | 519,224 | 512,173 | 527,586 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 211,254 |
| provisions | 0 | 0 | 0 | 5,235 |
| total long term liabilities | 519,224 | 512,173 | 527,586 | 216,489 |
| total liabilities | 965,901 | 859,361 | 840,783 | 331,780 |
| net assets | -534,184 | -389,595 | -231,465 | -58,318 |
| total shareholders funds | -534,184 | -389,595 | -231,465 | -58,318 |
| Mar 2018 | Mar 2017 | Jun 2016 | Jun 2015 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | 56,726 | 99,278 | 158,585 | 54,060 |
| Amortisation | 125 | 125 | 125 | 0 |
| Tax | ||||
| Stock | 2,983 | -9,933 | 24,194 | 2,806 |
| Debtors | 15,605 | -28,466 | 13,403 | 84,656 |
| Creditors | 7,300 | -22,924 | 75,101 | 115,291 |
| Accruals and Deferred Income | 34,268 | 79,528 | 36,254 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | -5,235 | 5,235 |
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | 0 | -59,850 | 59,850 | 0 |
| Group/Directors Accounts | 52,921 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 |
| Long term loans | 7,051 | -15,413 | 527,586 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | -211,254 | 211,254 |
| share issue | ||||
| interest | ||||
| cash flow from financing | ||||
| cash and cash equivalents | ||||
| cash | 214 | -3,441 | -11,359 | 14,986 |
| overdraft | 5,000 | 37,237 | 26,701 | 0 |
| change in cash | -4,786 | -40,678 | -38,060 | 14,986 |
mgsph limited Credit Report and Business Information
Mgsph Limited Competitor Analysis
Perform a competitor analysis for mgsph limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other undefined companies, companies in LE1 area or any other competitors across 12 key performance metrics.
mgsph limited Ownership
MGSPH LIMITED group structure
Mgsph Limited has no subsidiary companies.
mgsph limited directors
Mgsph Limited currently has 1 director, Mr Farhat Faheem serving since Jun 2014.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Farhat Faheem | 55 years | Jun 2014 | - | Director |
P&L
March 2018turnover
715.7k
+1%
operating profit
-106.8k
0%
gross margin
32.7%
-3.87%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2018net assets
-534.2k
+0.37%
total assets
431.7k
-0.08%
cash
400
+1.15%
net assets
Total assets minus all liabilities
mgsph limited company details
company number
09088848
Type
Private limited with Share Capital
industry
47290 - Other retail sale of food in specialised stores
incorporation date
June 2014
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2018
previous names
N/A
accountant
-
auditor
-
address
38 de montfort street, leicester, leicestershire, LE1 7GS
Bank
HSBC BANK PLC
Legal Advisor
-
mgsph limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to mgsph limited.
mgsph limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for MGSPH LIMITED. This can take several minutes, an email will notify you when this has completed.
mgsph limited Companies House Filings - See Documents
| date | description | view/download |
|---|
